Thursday, September 15, 2011

Synutra Wins Decision from Appellate Court

On September 8, 2011  U.S. Court of Appeals for the Fourth Circuit announced that the lastest ruling of the U.S. District Court for the District of Maryland.  In April 2010 they announced that the District Court had granted the Company's motion to dismiss a product liability lawsuit brought against the Company related to products allegedly sold by subsidiaries during the 2008 melamine crisis in China. The President and interim CFO of Synutra, Mr Weiguo Zhang, commented, "We are gratified that the Appellate Court has affirmed the District Court decision that the case is dismissed.

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